Hedge Fund Index Confirmed Up 0.69% in July - See Asset Inflows of $5.0 Billion for the Month
Press release from the issuing company
Wednesday, August 17th, 2011
Hedge funds generated positive performance in July, gaining 0.69% for the month.
Oliver Schupp, President of Credit Suisse Index Co., LLC, said, "The Dow Jones Credit Suisse Hedge Fund Index gained 0.69% in July, with six out of ten sectors posting positive performance for the month. Managed Futures was the best performing sector last month, posting positive performance of 4.03% as manager positions in short-term rates, bonds, and short USD proved profitable during the month." Schupp continued, "In addition to its overall positive performance, the industry saw an estimated$5.0 billionin inflows. Including performance gains, total industry assets are now estimated at$1.83 trillion."
Performance for the Broad Index and its ten sub-strategies is calculated monthly. July, June and YTD performance numbers are listed below:
|
Index |
July 2011 |
June 2011 |
YTD |
|
|
Broad Index |
0.69% |
-1.36% |
2.35% |
|
|
Convertible Arbitrage |
-0.14% |
-0.86% |
3.52% |
|
|
Dedicated Short Bias |
3.01% |
1.57% |
-2.05% |
|
|
Emerging Markets |
1.67% |
-0.65% |
3.91% |
|
|
Equity Market Neutral |
-0.18% |
-0.29% |
5.34% |
|
|
Event Driven |
-0.78% |
-2.16% |
0.52% |
|
|
Distressed |
-0.26% |
-0.70% |
2.84% |
|
|
Event Driven Multi-Strategy |
-1.07% |
-3.08% |
-0.84% |
|
|
Risk Arbitrage |
-0.77% |
-0.04% |
2.15% |
|
|
Fixed Income Arbitrage |
0.55% |
0.06% |
4.11% |
|
|
Global Macro |
2.53% |
-1.11% |
3.91% |
|
|
Long/Short Equity |
-0.41% |
-1.49% |
0.34% |
|
|
Managed Futures |
4.03% |
-3.07% |
0.49% |
|
|
Multi-Strategy |
0.61% |
-0.64% |
5.02% |
|
|
Dow Jones Industrial Average |
-2.05% |
-1.10% |
6.36% |
|
|
Dow Jones Global Index |
-1.66% |
-1.71% |
1.75% |
|
